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HomeMy WebLinkAboutResolution_86-04/05_08/11/2005r RESOLUTION NO. 86-04/05 A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, APPROPRIATING UNRESERVED FUND BALANCE IN GENERAL FUND #001, INCREASING THE 2004/2005 GENERAL FUND BUDGET $19,438.06, INCREASING THE BUDGETED AMOUNTS IN ACCOUNT(S) "VOT PENSION CONTRIBUTIONS" BY $14,405.34 FOR FIREFIGHTERS AND $5.032.12 FOR POLICE OFFICERS AND AUTHORIZING THE VILLAGE MANAGER TO PROCEED ON BEHALF OF THE VILLAGE. WHEREAS, The State of Florida, Department of Management Services requires the Village of Tequesta to make an additional contribution to the Village of Tequesta Public Safety Pension Trust and, WHEREAS, Gabriel, Roeder, Smith & Company, Consultants & Actuaries for the Village of Tequesta Public Safety Pension Trust agree with the State's requirement for an additional contribution to fund the Pension Trust and, WHEREAS, The amount of the increase for the required contribution is $14,313.84 for Firefighters, $4,999.95 for Police Officers for a total contribution of $19,438.06 and NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, AS FOLLOWS: SECTION 1: A Resolution appropriating $19,438.06 of Unreserved Fund Balance in the General Fund #001, to increase the 2004/2005 General Fund Budget and to increase the amount contributed to the Public Safety Pension Trust by that amount and to authorize the Village Manager to proceed on behalf of the Village. THE FOREGOING RESOLUTION WAS OFFERED by Councilmember Resnik, who moved its adoption. The motion was seconded by Vice Mayor Watkins, and upon being put to a vote, the vote was as follows: FOR ADOPTION Jim Humpage Pat Watkins Geraldine A. Genco Edward D. Resnik Tom Paterno AGAINST ADOPTION The Mayor thereupon declared the Resolution duly passed and adopted this 11th day of August, A. D, 2005. MAYO OF TEQ~TA--~ G 7'"- im Humpag ATTEST: ~,~~-~- .~ ~~, ,wen Carlisle Village Clerk ```~~~1111111///~~~i ~~`~ ~ O F T F ~'~i ~` ~• ~pOq'•QG'~. v O ~9j, <~ V ~ N~ >~ SEAL ':~=_ :INCORPORATED: ~Nj;•;~G '~ •Q'~ i~~~~F,~FI F; p``~~~